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Re: sello post# 2059

Saturday, 01/20/2024 4:25:35 AM

Saturday, January 20, 2024 4:25:35 AM

Post# of 2170
Good summary, sello. If you look at key statements individually (the bold text) in the paragraph you highlighted in your analysis, one by one, it does look like we're seeing the beginning of the launch:

"The Company intends to acquire a Colombian subsidiary domiciled within the Bogota Free Trade Zone that will possess all requisite licenses for the cultivation, production, distribution, and export of cannabis and hemp-infused products. We anticipate this process to be completed within four to six weeks and revenue generation commencing thereafter. In addition, the Company will continue to pursue its business strategy described in is press releases and filings with the Securities and Exchange Commission, which are publicly available at the SEC website at www.sec.gov."

There's a reason McCabe continued to buy up the shares through the development of this situation; a reason why management held off on starting up revenue-generating operations; a reason why management did not yet transfer the extraction and distillation equipment to OWP-Colombia; a reason why AJB Capital advanced $300,000 to the company as recently as June 2023, and "waived events of default" through the completion of this process and the above-stated actions by management. Management knows exactly what they are doing, to be able to state an anticipated timeline of 4 to 6 weeks for acquisition followed by revenue generating operations.
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